Multi-Agent Systems for Transactive Energy: Theory, Platforms, and Demonstrations

Advancements on transactive energy systems (TES) are providing platforms for coordinated participation of distribute energy resources (DERs “ including flexible loads) for efficient grid operation using market-based mechanisms. Each DER has an intelligent agent that manages local goals and is capable of making its own decisions. However, the managements of vast numbers of such agents requires formal mechanisms and appropriate use of design methodologies. This panel intends to provide theoretical foundation, design criterion, and existing platforms for the integration of vast numbers of MAS in TES setting. Moreover, the panel will cover ongoing simulations effort with the vast numbers of transactive agents and their control and coordination approaches.